There's a reason Baltimore prices are what they are, even though it's a coastal city.

Purchase price: $430,000 New construction. 5.99% interest with a 5 % down.

If your market and listing allows for automatic escalating offers ($250 above best price of highest other offers, up to X) then you can get around this and the clause is written such that they have to show you the other offers once your offer is accepted by them.

I have also been selling all of the builders homes for the last 3 years, with prices ranging from 600k-1.45M

Here’s a detailed analysis to help guide your decision:Initial Costs:Purchase Price: $260,000Down Payment and Closing Costs: $60,000Monthly Cost: $400 for several yearsMarket Value:Current Value: $540,000 to $600,000Immediate Equity: $280,000 to $340,000 (based on the market value minus the purchase price)The substantial equity in the farm can be a powerful tool for your investment journey:Home Equity Line of Credit (HELOC): You could use a HELOC against the farm's equity to fund other investments.

One hot topic to consider is getting involved in Qualified Opportunity Zones (QOZs).

Purchase price: $32,000 Cash invested: $68,000 Sale price: $96,500 REO purchase, rehab and flip all cash. +$28k ROI What made you interested in investing in this type of deal?

These events provide opportunities to learn about and provide feedback on proposed projects.Utilize Planning Apps and Websites: Some apps and websites specialize in tracking real estate development projects.

I have never purchased a home before but in the town I would potentially move to renting makes little sense do to the cost of housing prices.

See where you stand on pricing, and everything else.